Business
First phase of Afghan-Uzbek free trade zone completed

Officials from Uzbekistan said the first phase of the free trade zone complex on the border between Afghanistan and its northern neighbor has been completed and shops are now being distributed to traders from both countries.
According to the officials, the final phase of the complex will be finished by next year.
“This plan was created to expand business relations and create jobs for Afghans and the people of Uzbekistan. In this market, along with Uzbek traders, Afghan traders and entrepreneurs can also start their work and activities. We are committed to completing the remaining parts of this market soon,” said the deputy head of the Afghan-Uzbek trade zone.
He said once complete, the complex will have 4,000 shops, health centers, guesthouses and restaurants where citizens of both countries can shop for ten days without a visa.
“More than four thousand shops, health centers, restaurants and guesthouses will be built in this market. Afghan citizens can shop in this market for ten days without needing a visa.”
Balkh Chamber of Commerce and Investment officials and traders say that the establishment of this market can provide a platform to showcase the country’s domestic products and expand the economic activities of traders.
“As a country on the verge of economic growth, the demand of Afghans is to create facilities and charge less rent so that they can get better benefits at first,” said Asadullah Asadi, head of Balkh Chamber of Commerce and Investment.
“If the common market is activated and our traders and businessmen open shops there and our handicrafts and national products go there, it will be a very good market for us,” said Haji Qalandar, an Afghan trader.
In August last year, Balkh provincial officials said plans were underway to establish the trade zone – which would be situated along the border area of Balkh province and Surkhandarya province of Uzbekistan.
Officials said 120 acres of land would be utilized and the cost would be $75 million.
Business
Azizi and Zhao Xing discuss increasing Afghanistan’s exports to China

Acting Minister of Industry and Commerce Nooruddin Azizi and Zhao Xing, the Chinese Ambassador to Kabul, met on Tuesday and discussed increasing Afghanistan’s exports to China, particularly pine nuts, pomegranates, and precious and semi-precious stones such as nephrite, onyx, lapis lazuli, and talc, the ministry said in a statement.
According to the statement the goal of the meeting was to facilitate direct exports to China in order to reduce transit costs and transportation of Afghan goods, as well as to address the importation of machinery needed for the country.
Azizi and Zhao have agreed to establish a joint working group for further coordination, expanding trade relations, and creating facilities for trade, with the aim of holding regular meetings, the statement read.
Business
Deputy PM inaugurates launch of Arghandi Transport Terminal Project in Kabul Province

Mullah Abdul Ghani Baradar Akhund, Deputy Prime Minister for Economic Affairs, on Sunday inaugurated the start of construction work on the Arghandi Transport Terminal in Paghman District of Kabul Province.
The inauguration ceremony was attended by the Acting Minister of Transport and Aviation, Mullah Hamidullah Akhundzada, representatives from the private sector, and a number of local residents.
Baradar said the initiative was a vital step in the development of transport infrastructure in the country.
He stated that the development and expansion of transport infrastructure is an essential step toward economic growth, national development, and domestic and regional connectivity.
According to him, decades of war and corruption resulted in the sector having been neglected.
He said existing infrastructure has deteriorated due to poor quality construction; public lands have been usurped by individuals; and that highways and roads have been significantly narrowed.
Baradar also pointed out the need for investment in the transport sector; for the recovery of usurped state land; and the identification and restoration of original roads. He said these factors were among the core national objectives of the Islamic Emirate of Afghanistan.
In line with these goals, construction work on the Arghandi Transport Terminal got underway on Sunday.
Baradar said the Islamic Emirate is not only firmly committed to the development and expansion of transport infrastructure but is also actively pursuing other fundamental strategic objectives.
The Arghandi Transport Terminal in Kabul Province will be constructed on approximately 900 jeribs of land and will cost about 1.285 billion afghanis.
The project is expected to be completed by the private sector within two years.
Upon completion, the terminal will enhance transportation facilities, play a key role in improving the efficiency and organization of logistics and transit operations, reduce transportation costs and traffic congestion, and provide employment opportunities to a large number of citizens.
Business
Azizi and Sadiq discuss Kabul-Islamabad trade and transit challenges

Acting Minister of Industry and Commerce, Nooruddin Azizi, and Mohammad Sadiq, Pakistan’s Special Representative for Afghanistan, met on Saturday to address ongoing trade and transit challenges, stressing the importance of preventing political tensions from impacting economic ties, the ministry said in a statement.
The two officials focused on finalizing the Preferential Trade Agreement (PTA) and resolving issues related to the Afghanistan-Pakistan Transit Trade Agreement (APTTA), the statement read.
The meeting also discussed the upcoming visit of Pakistan’s Deputy Prime Minister to Afghanistan and a planned visit by an Islamic Emirate delegation to Pakistan.
The ministry hailed Sadiq’s visit to Kabul as a positive step, with Azizi emphasizing its constructive role in enhancing bilateral trade relations.
-
Latest News5 days ago
American freed by IEA reunited with wife, former cellmate, in US
-
International Sports4 days ago
Boxing legend George Foreman dies at 76
-
International Sports3 days ago
RCB bring fireworks to opening night of IPL 2025
-
Latest News4 days ago
Eighteen injured after dispute between two brothers in Helmand
-
Regional4 days ago
Hamas studies US ‘bridge’ proposal for truce as Israel escalates return to war
-
Latest News3 days ago
Torkham border reopens for pedestrians
-
Latest News4 days ago
Ban on girls’ education in Afghanistan will be ‘catastrophic’: UNICEF
-
International Sports2 days ago
IPL 2025: Sunrisers on a batting rampage; triumph over Rajasthan Royals